Stories from Shahbaz Rana
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Pakistan’s reliance on indirect taxes continues unabated
FBR collects Rs482.2b as indirect collection, overall revenue stands at Rs757.2b
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Pakistan blames US for failure to curb money laundering
Pakistan’s membership of financial intelligence group pending since 2012
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Govt sanctions just 16.7% of annual budget in first quarter for development projects
Apart from CPEC projects, spending on development schemes slows considerably
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September 2017: Inflation surges to 3.9% as price shocks shake up commodities
Massive increase in prices of essential commodities leads the increase
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Stock of ‘sovereign guarantees’ has increased to a record Rs937b
Finance ministry issues assurances to cover debt of loss-making state-owned entities
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Revenue collection: With elections around the corner, FBR misses tax target
Revenue stands at Rs753b for Jul-Sept, authorities expect Rs8b more quarter-end
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Non-filers set to enjoy lower withholding tax rate for another 3 months
FBR also likely to extend deadline for filing income tax returns as only 178,945 people complete task
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Defence ministry clears sale of K-Electric to Chinese firm
New buyer has to ensure uninterrupted supply to key defence installations as part of the security clearance
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FBR submits scathing report of ‘corruption, inefficiency’ in its department
Submits it to parliamentary body, reveals famous cases of undue favours and wrongdoings
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Pakistan’s twin deficits may be hard to bear: ADB
Says current account deficit may balloon to as much as $14.5b









